It's been more than a year since Yamana Gold (NYSE:AUY) and Agnico Eagle Mines (NYSE:AEM) acquired Osisko Mining with cash and stocks for roughly $3.6 billion. The Canadian Malartic was the prime asset that was added Yamana - the mine is estimated to produce between 500,000 and 600,000 ounces of gold per annum over the 16-year mine life. Considering the recent changes in the gold market, was this deal a good one? Gold prices fall but debt stays the same Back in the middle of 2014 the price of gold was around $1,300 per ounce - this is roughly $200 more than the current price of gold or 15% higher. Considering the company purchased Osisko Mining by taking on more debt - back in 2014 the long term debt grew by more than $800 million, which was mostly related to the Canadian Malartic asset. More